South Africa recorded a government debt equivalent to 62.20 percent of the country's Gross Domestic Product in 2019. source: South African Reserve Bank
Government Debt to GDP in South Africa averaged 41.45 percent from 2000 until 2019, reaching an all time high of 62.20 percent in 2019 and a record low of 27.80 percent in 2008. This page provides - South Africa Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Government Debt to GDP - values, historical data and charts - was last updated on December of 2020.
Government Debt to GDP in South Africa is expected to reach 81.80 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Government Debt to GDP is projected to trend around 83.00 percent in 2021 and 86.00 percent in 2022, according to our econometric models.